$240M
total assets, June 30, 2010
Turnberry Bank was a savings bank in Aventura, FL. It failed on Jul 16, 2010, and Nafh National Bank took over its deposits. At its last report it held $240.3 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 16, 2010
- Assets
- $240M
- Deposits
- $179M
- Estimated cost
- $28.7M
- Deposits went to
- Nafh National Bank, Miami, FL
Total assets
$240M
-5.2% in a year · -9.0% in a quarter
Deposits
$179M
+8.0% in a year · -9.0% in a quarter
Loans
$181M
-16.4% in a year · -5.8% in a quarter
Profit so far
-$5.2M
Jan 1 to Jun 30, 2010
Capital ratio
2.12%
-5.03 pts in a year
Return on assets
-4.09%
+0.05 pts in a year
Facts
- Type
- Savings bank
- Head office
- 20295 Ne 29th Place, Aventura, FL, 33180
- County
- Miami-Dade
- Established
- Mar 6, 1985
- Failed
- Jul 16, 2010
- Employees
- 42
- Branches
- 4
- Id
- b32280
Quarter by quarter
June 30, 1985 to June 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Turnberry Bank?
$240.3 million in total assets and $179.2 million in deposits as of June 30, 2010, with assets down 5.2% from a year before. Its loans were $180.6 million.
How many branches does Turnberry Bank have?
4 branches in Florida as of June 30, 2026.
Is Turnberry Bank profitable?
No: it lost $5.15 million from January 1 to June 30, 2010. Its return on assets was -4.09% a year; about 1% is typical.
When did Turnberry Bank fail?
Jul 16, 2010. Nafh National Bank of Miami, FL took over its deposits. The estimated cost of the failure was $28.7 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.